Search Results for: energy
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ENERGY
East Africa’s Clean Energy Startups Draw Attention as Funding Gap Persists
A growing pipeline of clean energy businesses across East Africa is attracting attention from investors and development agencies, yet many young companies remain unable to secure the capital needed to expand. That challenge emerged during discussions in Nairobi involving entrepreneurs, financiers and ecosystem organisations working in the region’s energy transition sector. Participants pointed to a mismatch between rising interest in…
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ENERGY
Africa Cannot Industrialise in the Dark, Says ECA Chief As Continent Weighs Nuclear Energy Future
Africa must urgently close its electricity gap if it is to industrialize, expand regional value chains and deliver on the promise of the African Continental Free Trade Area, Economic Commission for Africa Executive Secretary Claver Gatete has said. Speaking virtually at the Ministerial Compact Roundtable on Financing Africa’s Nuclear Energy Future, held during the Nuclear Energy InnovationSummit on Africa 2026,…
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ENERGY
Proparco Commits €300 Million to Back AXIAN’s Digital and Clean Energy Push Across Africa
French development finance institution Proparco has announced a EUR 300 million financing commitment to support AXIAN Group’s digital and energy operations across Africa. The deal was formalised through a Memorandum of Understanding signed with AXIAN Energy and its digital subsidiary Yas at the Africa Forward Summit in Nairobi. The three-year agreement positions Proparco as a strategic financing partner for AXIAN’s…
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NEWS
Kenya Airways and Rubis Energy Sign Deal to Build Africa’s First Dedicated SAF Refinery
Kenya Airways and Rubis Energy Kenya, the local unit of French energy group Rubis, have signed a memorandum of understanding to develop what the two companies are billing as Africa’s first dedicated sustainable aviation fuel (SAF) refinery, in a deal that signals a significant escalation of the national carrier’s decarbonisation ambitions. The planned facility is expected to have a production…
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NEWS
Why Africa Must Put Women and Youth at the Center of Clean Energy Transition
Africa’s clean energy transition will only be fast, just, and investable if women and young people are treated as producers, workers, innovators, and decision-makers, and not merely as end users of clean energy solutions. A pivotal moment for policy choices Across the continent, energy poverty remains a defining constraint on inclusive and sustainable development. Around 666 million people globally still…
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ENERGY
Funding Push Puts Africa’s Energy Gap in Focus
A new funding commitment of more than $1,1 billion by the European Investment Bank is set to accelerate renewable energy projects across Africa, but experts say it will only begin to address a deeper, systemic electricity deficit affecting millions across the continent. “This level of investment is important in catalysing renewable energy development, particularly in scalable projects, grid infrastructure and…
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ENERGY
Crown Paints Commits to Renewable Energy for a Greener Future
Crown Paints Plc yesterday joined the global community in commemorating World Earth Day 2026 under the theme “Our Power, Our Planet,” reaffirming its commitment to sustainable practices and the transition towards renewable energy. Over the years, the paint manufacturer has continued to entrench environmentally responsible practices across its operations, underscoring the important role businesses play in tackling climate change and…
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NEWS
Plexus Energy and Growatt Partner to Advance Solar Energy Solutions in Kenya
Kenyan clean energy firm Plexus Energy has announced an exclusive partnership with Growatt, one of the world’s largest solar inverter manufacturers, in a deal that will see the Chinese company’s technology distributed across Kenya and the broader East African region for the first time. The partnership was unveiled at a launch event at Pride Inn Westlands in Nairobi on Monday,…
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ENERGY
New $11.3 Million Facility to Bring Clean Energy to Nearly a Million People in Africa’s Conflict Zones
The African Development Bank Group has approved a $5.65 million grant to pilot a first-of-its-kind financing mechanism designed to solve one of clean energy’s most stubborn problems: getting capital into places where commercial lenders won’t go. The Peace Renewable Energy Certificate (P-REC) Aggregation Facility, co-financed with an equivalent contribution from the Nordic Development Fund, will direct a combined $11.3 million…
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RENEWABLE ENERGY
Regulation Is Central In Unlocking The Untapped Potential Of Solar Water Heating In Kenya’s Clean Energy Future
On 21st November 2025, in a carnival mood at Belem, Brazil, participants from 198 Parties – commonly known as member countries – closed shop at the Conference of Parties (COP) 30 of the United Nations Framework Convention on Climate Change (UNFCCC). Even though there were no concrete agreements on phasing out fossil fuels, the five core objectives agreed upon centred…
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